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Sarepta Therapeutics, Inc. Message Board

  • drdonno drdonno Oct 31, 2013 12:48 PM Flag

    How big a factor do you think.....

    Stop-loss sales and "involuntary" margin sales are in the shares showing up at this pricing? Just wondering.

    To me, setting stop-losses on extremely volatile stocks like SRPT would be very dangerous.

    Sentiment: Hold

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    • It definitely played a part in the cratering of the pps yesterday, and then there was also the support levels that were violated, for those relying on T/A. And then those using margin…..probably some margin calls too. Weeding out the weak hands I guess. We'll soon see how much short covering occurred.

      On a side note, for those who have bashed Adam F. (theStreet), he's actually the voice of reason in the land of biotech pumpers. I used to think he was just a short tool, but now respect his skepticism in biotech land.

      Sentiment: Strong Buy

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